The essential notion of a capitalist society … is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
MILTON FRIEDMANThe essential notion of a capitalist society … is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
MILTON FRIEDMANPolitical freedom means the absence of coercion of a man by his fellow men.
MILTON FRIEDMANThe combination of economic and political power in the same hands is a sure recipe for tyranny.
MILTON FRIEDMANWhat makes it [economics] most fascinating is that its fundamental principles are so simple that they can be written on one page, that anyone can understand them, and yet very few do.
MILTON FRIEDMANThere’s no such thing as a free lunch.
MILTON FRIEDMANThe only corporate social responsibility a company has is to maximize its profits.
MILTON FRIEDMANNobody spends somebody else’s money as carefully as he spends his own.
MILTON FRIEDMANAnything that government can do, private enterprise can do for half the cost.
MILTON FRIEDMANThe unions might be good for the people who are in the unions but it doesn’t do a thing for the people who are unemployed. Because the union keeps down the number of jobs, it doesn’t do a thing for them.
MILTON FRIEDMANYou cannot simultaneously have free immigration and a welfare state.
MILTON FRIEDMANA society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
MILTON FRIEDMANThe excuse for the destruction of liberty is always the plea of necessary ‘ that there is no alternative.
MILTON FRIEDMANI am a libertarian with a small “l” and a Republican with a capital “R”. And I am a Republican with a capital “R” on grounds of expediency, not on principle.
MILTON FRIEDMANSee, if you look at the drug war from a purely economic point of view, the role of the government is to protect the drug cartel. That’s literally true.
MILTON FRIEDMANI’m in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.
MILTON FRIEDMANConcentrated power is not rendered harmless by the good intentions of those who create it.
MILTON FRIEDMAN